Oyster Raises $20M in Series A Funding


Oyster, a London, UK and San Francisco, CA-based provider of an HR platform for globally distributed companies, completed a $20m Series A funding round.

The round was led by Emergence Capital with participation from the Slack Fund and Connect Ventures.

The company intends to use the funds to accelerate rapid growth. 

Founded in 2019 by Tony Jamous and Jack Mardack, Oyster provides a SaaS HR platform for companies to manage geographically distributed workforces in over 100 countries by removing the need to deal with local payroll and employment complexity, by speeding up traditional international hiring, onboarding and by providing benefits for employees and contractors alike. 

Oyster is itself a fully remote company with a diverse, globally-distributed team.